Every four years, Americans come together in early November to determine our nation’s future. No matter whether we’re in the middle of a Civil War, a World War or a global pandemic. It’s guaranteed. America’s free and democratic elections are a source of inspiration worldwide. This year’s election was framed by the COVID-19 pandemic, the … Continue reading "Life Insurers, America: On The Move"
In today’s “get it done, what comes next” hyperspeed world, it’s not easy to find time for reflection. But from time to time we need to pause, gather our thoughts and ensure we’re headed in the right direction. Because of the coronavirus pandemic, ACLI just conducted its first-ever virtual annual conference. And after two days … Continue reading "The Road to Economic Empowerment and Racial Equity"
Life insurers’ most critical mission is helping people take care of those they love. Our mission has never been more important. Our nation is grappling with three vexing and overlapping societal crises: the COVID-19 pandemic, a severe economic downturn and systemic racial inequality. Fully recognizing the magnitude of this moment in history, life insurers are doubling … Continue reading "Financial Security for Underserved Communities"
Last month in New York City, I saw a wonderful new sculpture of Sojourner Truth, Susan B. Anthony and Elizabeth Cady Stanton honoring the 100th anniversary of women’s suffrage. New York Life was a major donor for the statue. That’s fitting because Anthony used the cash value of her New York Life insurance policy … Continue reading "Whenever America Needs Us, Life Insurers Are There"
As America faces a pivotal moment to address systemic racism, the life insurance industry stands committed and ready to lead. Last week, I had the opportunity to speak with President and CEO George Nichols III of the American College of Financial Services. Nichols, a Kentucky native, became his state’s first Black American insurance commissioner in … Continue reading "Building Financial Security and Upward Mobility"
As the COVID-19 crisis in the United States stretches into its fifth month, many Americans are understandably concerned about their families’ health and financial well-being. From the earliest days of the COVID-19 pandemic, life insurers have been there #MeetingTheMoment for consumers, their employees and their communities. Life insurers pay out $2.1 billion every day, reinforcing … Continue reading "Life Insurers: There For America"
During the COVID-19 pandemic, health and financial security concerns have been front and center. And America’s life insurance companies have stepped up. From the earliest days of the crisis, life insurers have been providing invaluable support, paying out $2.1 billion every day, amplifying the $2.7 billion a day paid by Social Security. To keep the … Continue reading "Life Insurers Invest for America’s Future"